(MoneyNewsWire.Net, October 24, 2017 ) The Middle-East & Africa NGS market will be worth $ 402 million by the end of 2016 and is poised to reach $1.31 billion by 2021 at a CAGR of 26.63%.The Next Generation Sequencing market is categorized by product (software and services) and by applications such as whole targeted re-sequencing,genome sequencing, exome sequencing, de novo sequencing, RNA-Seq, ChIP-Seq and Methyl-Seq. And by application it is segmented into diagnostics, drug discovery, biomarker discovery, personalized medicine, and agriculture and animals research. On the basis of geography, the Middle-East & Africa market is segmented into major regions of Middle-East and Africa.
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Rise in growth of personalized medicine, development in pre-sequencing and NGS bioinformatics solutions and cloud computing, growth in Middle-East & Africa population, increasing incidences of infectious diseases and cancerare few factors driving the market growth.In addition, anticipated decrease in the prices of genome sequencing due to development of rapid, high capacity whole genome sequencers by key players is expected to have anoptimistic effect on market penetration rates over the few years. However, the storage and management of enormous data generated by sequencing and its interpretation,high reliability on grants & funding from the government and fall in capital expenditure from academic institutionsare some of the challenges for Middle-East & Africa next generation sequencing market
Illumina IncorporatedThermo Fischer Scientific, Life Sciences (Roche),Pacific Biosciences, Life Technologies Corp. (Thermo Fischer Scientific), Macrogen Inc.,Partek Inc., Genomatix Software GmbH, Perkin Elmer inc.,GATC Biotech Ag, Agilent Technologies Inc., Biomatters Ltd., CLC Bio (Qiagen), BGI (Beijing Genomics Institute), Oxford Nanopore Technologies Ltd.,Pacific Biosciences, DNASTAR Inc., Knome Inc., Illumina Inc., and Qiagen N.V.
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Market Segmentation
1) By Product Software Services
2) By Technology Whole Targeted Re-Sequencing Genome Sequencing De Novo Sequencing Exome Sequencing RNA-Seq ChIP-Seq Methyl-Seq
3) By Application Diagnostics Drug Discovery Biomarker Discovery Personalized Medicine Agriculture and Animals Research
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Reasons to buy Middle-East & Africa Next Generation Sequencing (NGS) market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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